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Arista Networks Inc. stock rises Thursday, outperforms market

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Terrence Horan

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Shares of Arista Networks Inc. ANET, +1.30% rallied 2.95% to $395.23 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +0.37% rising 1.71% to 4,438.26 and the Dow Jones Industrial Average DJIA, +0.43% rising 1.56% to 34,912.56. This was the stock's second consecutive day of gains. Arista Networks Inc. hit a new 52-week high, surpassing its previous peak of $384.27, which the company achieved on October 13th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Microsoft Corp. MSFT, -0.27% rose 2.17% to $302.75, Cisco Systems Inc. CSCO, +0.83% rose 1.89% to $55.65, and HP Inc. HPQ, -0.94% rose 3.81% to $27.49. Trading volume (473,561) eclipsed its 50-day average volume of 392,901.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.